American Assets Trust Inc
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
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FY2024 · Filed Feb 12, 2025
AAT$21.69+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of F-
Consolidated Balance Sheets
(In Thousands, Except Share Data)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Real estate, at cost | ||
| Operating real estate | $3,449,009 | $3,353,735 |
| Construction in progress | 176,868 | 238,482 |
| Held for development | 487 | 487 |
| 3,626,364 | 3,592,704 | |
| Accumulated depreciation | (1,038,878) | (958,645) |
| Net real estate | 2,587,486 | 2,634,059 |
| Cash and cash equivalents | 425,659 | 82,888 |
| Accounts receivable, net | 6,905 | 6,486 |
| Deferred rent receivables, net | 88,059 | 87,995 |
| Other assets, net | 87,737 | 99,030 |
| Real estate assets held for sale | 77,519 | 74,223 |
| TOTAL ASSETS | $3,273,365 | $2,984,681 |
| LIABILITIES AND EQUITY | ||
| LIABILITIES: | ||
| Secured notes payable, net | $74,759 | $74,669 |
| Unsecured notes payable, net | 1,935,756 | 1,614,958 |
| Accounts payable and accrued expenses | 63,693 | 60,958 |
| Security deposits payable | 8,896 | 8,778 |
| Other liabilities and deferred credits | 62,588 | 69,739 |
| Liabilities related to real estate assets held for sale | 3,352 | 1,904 |
| Total liabilities | 2,149,044 | 1,831,006 |
| Commitments and contingencies (Note 12) | ||
| EQUITY: | ||
| American Assets Trust, Inc. stockholders' equity | ||
| Common stock, $0.01 par value, 490,000,000 shares authorized, 61,138,238 and 60,895,786 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 611 | 609 |
| Additional paid-in capital | 1,474,869 | 1,469,206 |
| Accumulated dividends in excess of net income | (304,339) | (280,239) |
| Accumulated other comprehensive income | 4,760 | 8,282 |
| Total American Assets Trust, Inc. stockholders' equity | 1,175,901 | 1,197,858 |
| Noncontrolling interests | (51,580) | (44,183) |
| Total equity | 1,124,321 | 1,153,675 |
| TOTAL LIABILITIES AND EQUITY | $3,273,365 | $2,984,681 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.